NewsRoom Articles - Page 35 of 188

FridayMar 07, 2025 10:00 am

Why it May Not Be Too Late for You to Invest in Gold

Since 2023, gold has been on a massive bull run that hadn’t been seen in years and it has hit multiple highs since then. The roaring inflation, geopolitical tensions, and other such factors have made this safe haven metal appealing to a lot of investors. With its price now hovering close to $3,000, you may be wondering whether it still makes sense to add gold to your portfolio. We discuss some reasons why it isn’t too late for you to include gold among your investments. Uncertainty in the Stock Market is Still High The beginning of March has seen uncertainty…

ThursdayMar 06, 2025 10:45 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Looks to Benefit from Higher Palladium Price

One industry expert projects that the price of palladium could double within the next decade. The projected increase in palladium prices bodes well for PLG. To further strengthen its strategic position, PLG has been exploring opportunities to enhance its processing capabilities. The palladium market may be poised for a transformation over the next decade, with one industry analyst forecasting a price increase. The anticipated higher price would present a promising opportunity for companies deeply invested in palladium, such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM). As an emerging player in the palladium sector, Platinum Group Metals stands to benefit…

ThursdayMar 06, 2025 10:00 am

Disruptions to Gold’s Price Reduce as Tariff Concerns Abate

Recently, there was a rush to ship gold to the U.S. amid fears that President Trump would also impose tariffs on gold exported to America. As shipments increased, a tightness in the supply of gold caused price differences to widen between the price of gold in the U.S. and the price in London and other major trading hubs. The gap in price between the quotations on the Comex in New York and the spot market in London is now leveling off from a high of $60 witnessed in January to now approximately $10 per ounce. When the price difference was…

TuesdayMar 04, 2025 10:00 am

The Philippines Moves to Ban Exports of Nickel Ore

Last month, Francis Chiz Escudero, the president of the Philippines Senate, approved a measure seeking to ban raw mineral exports. He explained that this move will boost the economy, create jobs and increase the processed minerals exported by the country. Under the plan, this ban is slated to come into force five years after the enactment of the law. The five-year timeline is intended to give players in the minerals industry ample time to set up processing facilities. This change in policy could have major implications for clean energy metals, such as nickel that are instrumental in the battery and…

FridayFeb 28, 2025 10:00 am

Gold Stutters as the Dollar Strengthens, Inflation Data Awaited

The price of gold slid to its lowest level in more than a week as the dollar gained at a time when investors are watching out for a key indicator/report that could provide some insights about the likely policy direction of the Federal Reserve over the coming months. Spot gold shed 1.2 percent to sell at $2,880 per ounce. This price marks the lowest that the precious metal has been since February 17. The drop comes after gold prices had rallied on Monday to a high of $2,956 as a result of money flowing into the gold market due to…

ThursdayFeb 27, 2025 10:00 am

Musk’s DOGE Targets Fort Knox and the Gold it Holds

For decades, conspiracy theories have swirled around Fort Knox, the heavily guarded vault in Kentucky that holds much of the U.S. government's gold. But now, these theories have gained new life thanks to billionaire Elon Musk and President Donald Trump. Over the past two weeks, Musk has raised questions about whether the gold is still there, and Trump has vowed to check for himself. On social media, Musk openly questioned the state of the gold reserves at Fort Knox, asking if it was “still there” or if it had been “stolen.” He even called for a “live video walkthrough” of…

TuesdayFeb 25, 2025 10:00 am

Congo Gains Prominence as a Copper Exporter to China

China’s demand for copper has undergone a significant shift in recent years, with the Democratic Republic of Congo (DRC) emerging as its top supplier. Once reliant on Chile and Peru, China is now sourcing an increasing share of its copper from Africa’s richest copper-producing nation. This shift is reshaping global trade patterns and strengthening China’s grip on the Congolese mining sector. In 2024, China imported 1.48 million metric tons of refined copper from the DRC, marking a 71% increase from the previous year. This surge has positioned the DRC as China’s largest supplier of refined copper, significantly outpacing Chile, whose…

FridayFeb 21, 2025 10:00 am

Market Differences Trigger Growth in Exports of Singapore Gold to the US

The gold market is seeing big changes, with Singapore’s gold exports to the U.S. reaching their highest level in almost three years. In January, shipments rose by 27% from December, totaling around 11 tons. This jump is due to ongoing market disruptions and price differences between key regions. Recent instability in the gold market has caused a surge in exports. Gold prices are approaching record highs, and price gaps between major trading hubs continue to widen. A major factor behind this is concern over possible tariffs on precious metals from the U.S. administration. These concerns have pushed up gold futures…

ThursdayFeb 20, 2025 10:00 am

Tariff Threats Trigger Transatlantic Copper Pricing Differences

Copper prices are experiencing significant differences between the United States and global markets due to concerns over potential import tariffs. As speculation grows that U.S. President Donald Trump may impose tariffs on copper imports, traders and manufacturers are closely watching price movements. The gap between copper prices on the Chicago Mercantile Exchange (CME) and the London Metal Exchange (LME) has widened considerably. Currently, CME copper is trading at a premium of over $1,000 per metric ton compared to LME prices. This is mainly due to fears that the U.S. government may apply tariffs similar to those imposed on aluminum and…

TuesdayFeb 18, 2025 11:30 am

Bridging the Supply Gap: How Torr Metals Inc.’s (TSX.V: TMET) Kolos Project Aligns with BC’s Growing Copper Demand

Torr Metals has strategically positioned its Kolos Project near the Highland Valley, New Afton and Copper Mountain mines, which are nearing the end of their ore feeds As production from neighboring mines inevitably declines, Torr’s Kolos Project offers a potential new source of copper and gold in one of Canada’s most mining-rich regions A lack of greenfield exploration means these companies have minimal targets for replacing operations in the area Torr Metals is well-placed to capitalize on the mining dynamics of the region and deliver long-term value to investors In the world of mining, much like in real estate, the…

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